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remember how pope john paul ii was so young when he was elected. i think he was 56 or 57. a young man. >> he used to go skiing all the time. >> he was elected when he was 78 years old. >> yeah. so we watched him turn into an elderly man that was very frail. remember how long it took, we waited and waited. i can remember i was on a plane when he finally passed. but he didn't -- i mean, he was not healthy at the end and he didn't resign. so that's what i don't really understand, ross, right? >> well, traditionally, they haven't resigned. so -- >> 1415, yeah. >> so he's 2005, he's 86. so that's five, six, seven, eight -- >> i think what we're all dancing around the issue of whether or not there's more to it, right? is that what we're getting at? >> is there something else we don't know about. >> all of them have gotten elderly and they have essentially died in office and that's when they begin to look for a new pope. that is no happening in this case. >> right. you said it would be pure speculation. it's probably best not to specula speculate, at least you filled us in that at this point
think he's said that? john reed has said that and paul volcker and many people who you spend time with. >> are you asking me why -- >> what do you think is -- >> well, paul volcker actually said something slightly different as you know. he has advocated the volcker rule, and i don't know the volcker rule, what it means, because nobody's defined it yet. and the reason, as you know, is that it is a very -- it is a line that will only be ultimately arbitrary. so, it's an issue that a lot of people engage with. i'll stick with what i said a moment ago. the focus is right. >> right. >> the focus of too big to fail is right. we had fannie mae and freddie mac. the question of how to address it i think is massively more complicated than these kinds of relatively in my opinion, limited proposals. >> right. >> i'll just say once again, i think it's really important, if you're going to get into this question of too big to fail, you have to try to figure out, if i take the risk away from here, where is that risk going to go and how do i deal with that? and i don't think anybody's come up with a go
Search Results 0 to 1 of about 2

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